Goldman Sachs – Sale of stake in Getlink

Goldman Sachs Infrastructure Partners I (GSIP I) has sold to Atlantia a 15.49% stake in Getlink (formerly Groupe Eurotunnel). Atlantia paid EUR 1.06bn, or EUR 12.40 per Getlink share, becoming Getlink’s largest shareholder. The acquisition was funded through debt. Getlink operates three tunnels under the British Channel, and two terminals under an agreement ending in 2086.